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P.L. 2004, CHAPTER 120 HIGHLANDS WATER PROTECTION ACT AGGREGATE DECLINE IN TRUE VALUE OF ELIGIBLE VACANT LAND FOR THE TAX YEAR 20. COUNTY MUNICIPALITY 1 2 3 4 5 6 7 TOTAL ASSESSED VALUE CLASS 1 2003
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Aggregate decline in true refers to the total decrease in value or quantity of a certain asset or property.
Entity or individuals who own assets or property that have experienced a decline in value are required to file aggregate decline in true.
Aggregate decline in true can be filled out by providing detailed information about the assets or property, including the original value, the current value, and the reasons for the decline.
The purpose of aggregate decline in true is to accurately report the decrease in value or quantity of assets or property for tax or accounting purposes.
The information reported on aggregate decline in true must include details about the assets or property, the original value, the current value, and the reasons for the decline.
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